Markets News
Hormuz Strait traffic rises to highest level since early March; Trump suggests the U.S. should collect tolls instead!
· Two Federal Reserve officials warned of severe inflation conditions, hinting at their tightening rather than easing monetary policy. This news is bullish for the US dollar. · The number of ships passing through the Strait of Hormuz has risen to its highest level since early March. This news is bearish for crude oil. · The US March Services Price Index surged to a new high since October 2022. This news is bearish for the US dollar.
TOPONE Markets Analyst 2026-04-07 08:30:00
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